Two-Suite Office
1301 E Weatherford Street, Fort Worth, TX 76102
For Sale
$2,900,000
Remodeled office building with two separate suites, each offering reception, private offices, and conference or collaboration space.
Property Size9,834 SF
Days on Market101
Property Features for 1301 E Weatherford Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Listing Agency:
Williams Trew Real Estate
Listed By:
Stephen Reich · License #0585089
(817) 597-8884
Source:
Nilesrealtygroup
Added: Jul 30
Changed: Nov 4
Last Checked: Nov 6 at 5:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Williams Trew Real Estate
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Investment Insights
Based on property information with market context.
This newly remodeled office building is set up as two separate suites, each with its own reception area, private offices, and dedicated conference and collaboration spaces. Due to the natural slope of the lot, both levels operate as ground level, providing convenient access from multiple sides. Ceiling heights reach 12 feet on the upper level and 10 feet on the lower level, supporting an open, modern feel.
The west suite includes a conference room with a built-in mini refrigerator, plus a full kitchen with a range and microwave that vents to the exterior. In addition to eight private offices, the west suite has a mail room and a dedicated server room. The east suite features nine private offices and a large open room on both levels, with a server closet and exposed ductwork for a contemporary, industrial-inspired presentation.
Built in 1965 and thoughtfully renovated with modern finishes and updated systems throughout, the property is designed for flexible professional use and can support owner-occupancy, multi-tenant occupancy, or investment scenarios.
The west suite includes a conference room with a built-in mini refrigerator, plus a full kitchen with a range and microwave that vents to the exterior. In addition to eight private offices, the west suite has a mail room and a dedicated server room. The east suite features nine private offices and a large open room on both levels, with a server closet and exposed ductwork for a contemporary, industrial-inspired presentation.
Built in 1965 and thoughtfully renovated with modern finishes and updated systems throughout, the property is designed for flexible professional use and can support owner-occupancy, multi-tenant occupancy, or investment scenarios.
Key Highlights
- Two separate suites with dedicated reception areas, private offices, and conference or collaboration space
- Both levels function as ground level due to the natural slope, with access from multiple sides
- Ceiling heights: 12 feet on upper level and 10 feet on lower level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$171,480
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,429,600
$3.4M
Cap Rate 7%
$2,449,714
$2.4M
Cap Rate 9%
$1,905,333
$1.9M
Market Conditions
NOI Build-Up for 9,834 SF
Gross rent
$295.0K $30.00/SF
− Vacancy
−$66.4K −$6.75/SF
EGI
$228.6K $23.25/SF
− OpEx
−$57.2K −$5.81/SF
NOI
$171.5K $17.44/SF
Area
Fort Worth, TX
Vacancy
22.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,429,600
Cap Rate 7%
$2,449,714
Cap Rate 9%
$1,905,333
Alternative Uses
Best Use
Office B
$2.45M
$2.14M – $2.86M
NOI $171,480 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.57M
$3.13M – $4.17M
NOI $250,059 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,461
Businesses Nearby
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Business Placement
Demographics for 76102, TX
13,236
Population
5,629
Households
2.4
Avg Household Size
36
Median Age
37%
College-Educated
86%
High-School Grad
4.5 sq mi
ZIP Area
2,941
Density / Sq Mi
$74,293
Median Household Income
$49,295
Median Earnings
$1,661
Median Rent
$338,700
Median Home Value
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Market
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Vacancy Rate% for Office in Fort Worth, TX
Frequently Asked Questions
What type of property is this?
Office unit - Remodeled office building with two separate suites, each offering reception, private offices, and conference or collaboration space.
Where is this office unit located?
The property is located at 1301 E Weatherford Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Two separate suites with dedicated reception areas, private offices, and conference or collaboration space; Both levels function as ground level due to the natural slope, with access from multiple sides; Ceiling heights: 12 feet on upper level and 10 feet on lower level
